Free Trial

IQE (LON:IQE) Trading Down 9.1% - Time to Sell?

IQE logo with Computer and Technology background

Key Points

  • The stock of IQE plc (LON:IQE) fell by 9.1% on Monday, trading at GBX 7.82 ($0.11) after previously closing at GBX 8.60 ($0.12).
  • Trading volume surged by 794% to 26,444,150 shares, compared to the average session volume of 2,958,533 shares.
  • IQE has a market capitalization of £75.47 million and a significantly negative price-to-earnings ratio of -196.21, indicating current financial challenges.
  • Five stocks we like better than IQE.

IQE plc (LON:IQE - Get Free Report) shares traded down 9.1% on Tuesday . The stock traded as low as GBX 7.55 ($0.10) and last traded at GBX 7.82 ($0.11). 26,444,150 shares traded hands during mid-day trading, an increase of 794% from the average session volume of 2,958,533 shares. The stock had previously closed at GBX 8.60 ($0.12).

IQE Price Performance

The company has a fifty day simple moving average of GBX 9.29 and a two-hundred day simple moving average of GBX 10.23. The company has a debt-to-equity ratio of 49.21, a quick ratio of 0.97 and a current ratio of 1.37. The company has a market capitalization of £72.85 million, a price-to-earnings ratio of -189.39, a P/E/G ratio of 12.70 and a beta of 1.86.

IQE Company Profile

(Get Free Report)

IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.

Further Reading

Should You Invest $1,000 in IQE Right Now?

Before you consider IQE, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and IQE wasn't on the list.

While IQE currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Options Trading Made Easy - Download Now Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.